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SMARTCOIN OPTIONS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://smartcoinoptions.com/user/account/register.php, about the company's legal and temporary regulatory information, the company's address .

SMARTCOIN OPTIONS Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
smartcoinoptions.com
Abbreviation
SMARTCOIN OPTIONS
Company employee
--
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Since SMARTCOIN OPTIONS official site (https://smartcoinoptions.com) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet. General Information & Regulation SMARTCOIN OPTIONS is allegedly a binary options broker based in the USA that claims to provide its clients with a web-based trading platform and various tradable assets. Market Instruments SMARTCOIN OPTIONS advertises that it offers binary options, forex and CFDs trading in financial markets, as well as cryptocurrency of Bitcoin. Trading Platform Available When it comes to trading platforms available, SMARTCOIN OPTIONS gives traders a simplified web-based binary options platform. Whatever, we suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option. Deposit & Withdrawal From the logos shown at the foot of the home page on SMARTCOIN OPTIONS official website, we found that this broker seems to accept deposits and withdrawals with MasterCard, NET exchange, KBC bitminer, USA bitclube and etc., yet we cannot be sure if these payment options are all available. Customer Support SMARTCOIN OPTIONS‘ customer support can be reached by email: support@smartcoinoptions.com. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most brokers offer.

Rating Index

  

dxb market Forex Broker - Complete Information Guide

  

1. Overview of the Broker

  Company Name: DXB Market Limited

  Founded: 2 to 5 years ago (exact year not specified)

  Headquarters: United Kingdom

  Company Type: Private ownership

  Main Markets and Clientele: The broker primarily serves retail forex traders, though specific customer demographics are not detailed.

  Company Development and Milestones: DXB Market Limited is an unregulated brokerage that has emerged in the forex trading space but lacks significant transparency regarding its operations and history.

  Parent Company or Group Relations: No parent company has been disclosed in the available information.

  Business Model Introduction: The DXB Market broker operates primarily in the retail forex market, offering trading services on various platforms, notably MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

  

2. Regulatory and Compliance Information

  Main Regulatory Authorities: Currently, DXB Market operates without valid regulatory oversight, raising significant concerns about its legitimacy and safety.

  Regulatory Numbers: Specific regulatory numbers are not available due to the lack of regulation.

  Validity and Scope of Regulatory Licenses: The broker has been noted to have a suspicious regulatory license, and it is currently unregulated, which poses a high potential risk for traders.

  Legal Entities in Different Regions: The broker is registered in the United Kingdom, but it does not have valid regulatory oversight from any recognized financial authority.

  Client Fund Segregation Policy: There is no information available regarding client fund segregation practices, which is a critical aspect of investor protection.

  Investor Compensation Fund Participation: DXB Market does not participate in any investor compensation schemes, further increasing the risk for clients.

  KYC and AML Compliance Measures: The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is not detailed, raising concerns about its operational integrity.

  

3. Trading Products and Services

  Number of Forex Currency Pairs and Major Types: The specific number of forex currency pairs offered by DXB Market is not disclosed, but it typically includes major pairs, minor pairs, and exotic pairs common in the forex market.

  CFD Product Categories: The broker is expected to offer Contracts for Difference (CFDs) on various assets such as indices, commodities, stocks, and cryptocurrencies, although detailed product offerings are not specified.

  Special Products or Unique Trading Varieties: No unique trading products or special offerings have been highlighted in the available information.

  Product Update Frequency and New Additions: There is no available information regarding the frequency of product updates or the addition of new trading instruments.

  Retail Trading Services: DXB Market primarily focuses on providing retail trading services through its trading platforms.

  Institutional Client Services: No specific information is available regarding services tailored for institutional clients.

  White Label Solutions: There is no mention of whether DXB Market offers white label solutions for other brokers.

  Asset Management Services: Information on asset management services is not provided.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support Status: The DXB Market broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used in the forex trading community.

  Proprietary Platform Details: There is no indication that DXB Market has developed a proprietary trading platform.

  Web-based Trading Platform: The broker does not provide specific details about a web-based trading platform.

  Mobile Application Availability: Information about mobile applications for iOS and Android platforms is not available.

  Execution Model (ECN, STP, Market Making): The execution model used by DXB Market is not clearly defined in the available information, which raises questions about its operational transparency.

  Server Location and Technical Infrastructure: Specific details about server locations and technical infrastructure are not disclosed.

  API Access and Automated Trading Support: There is no information available regarding API access or support for automated trading solutions.

  

5. Account Types and Trading Conditions

  Standard Account Conditions: The minimum deposit requirement, spreads, and commissions for standard accounts are not explicitly stated.

  Advanced Account Types: Information on advanced account types such as VIP or professional accounts is not provided.

  Special Accounts: There is no mention of special accounts, such as Islamic accounts or corporate accounts.

  Demo Account Policy: The availability of demo accounts is not specified in the available information.

  Leverage Ratio Range: The leverage ratios available for different products are not detailed.

  Minimum Trade Size: The minimum trade size is not provided in the available information.

  Overnight Fees Policy: Information regarding overnight fees or swap rates is not disclosed.

  

6. Fund Management

  Supported Deposit Methods: The broker's supported deposit methods, including bank transfers, credit cards, and e-wallets, are not specified.

  Minimum Deposit Requirements: Minimum deposit requirements for different account types are not detailed.

  Deposit Processing Time: The processing time for deposits is not mentioned.

  Deposit Fees: Information regarding deposit fees is not available.

  Withdrawal Methods and Restrictions: The methods and potential restrictions for withdrawals are not provided.

  Withdrawal Processing Time: Specific withdrawal processing times are not disclosed.

  Withdrawal Fee Structure: The fee structure for withdrawals is not mentioned.

  

7. Customer Support and Educational Resources

  Support Channels: The available support channels, including phone, email, live chat, and social media, are not specified.

  Service Time and Time Zone Coverage: The service hours and time zone coverage for customer support are not detailed.

  Multilingual Support: There is no information on the languages supported by customer service representatives.

  Types of Educational Resources: The broker does not specify the types of educational resources offered, such as webinars, tutorials, or e-books.

  Market Analysis Services: Information regarding daily analysis, news, or research reports is not available.

  Trading Tools: The broker's provision of trading tools such as calculators, calendars, or signal services is not mentioned.

  

8. Regional Coverage and Restrictions

  Main Service Markets: The primary markets served by DXB Market are not clearly defined in the available information.

  Regional Office Distribution: There are no details about the distribution of regional offices.

  Countries/Regions Not Accepted: Specific countries or regions from which clients are not accepted are not disclosed.

  Special Restrictions: There is no information on any special restrictions that may apply to specific regions or countries.

  In conclusion, while the DXB Market broker presents itself as a forex trading platform, significant concerns arise from its lack of regulation, transparency, and detailed operational information. Potential traders should exercise caution and consider the risks associated with engaging with unregulated brokers.

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Latest Reviews

霄辰

霄辰

Taiwan

I Cannot open Smartcoin’s official website now… they still owe me a big sum. I am so regretful to believe in their sweet words easily! No one can help me!

37130

2023-02-16

SMARTCOIN OPTIONS Forex Broker has an overall rating of 1.49, Regulatory Index 0.00, License Index 0.00, Business Index 6.84, Software Index 4.00 Risk Control Index 0.00.
SMARTCOIN OPTIONS